Cantor Fitzgerald Investment Advisors L.P. Acquires 1,372 Shares of Emerson Electric Co. (NYSE:EMR)

Cantor Fitzgerald Investment Advisors L.P. boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 191,057 shares of the industrial products company’s stock after buying an additional 1,372 shares during the quarter. Emerson Electric comprises 1.6% of Cantor Fitzgerald Investment Advisors L.P.’s portfolio, making the stock its 13th biggest holding. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Emerson Electric were worth $23,678,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB grew its position in Emerson Electric by 120.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company’s stock worth $6,162,000 after buying an additional 30,741 shares in the last quarter. Geode Capital Management LLC boosted its stake in Emerson Electric by 1.4% during the third quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock worth $1,247,570,000 after buying an additional 162,985 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Emerson Electric by 130.0% in the 3rd quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock valued at $1,044,000 after buying an additional 5,393 shares in the last quarter. V Square Quantitative Management LLC lifted its holdings in shares of Emerson Electric by 82.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 3,977 shares of the industrial products company’s stock worth $435,000 after acquiring an additional 1,792 shares during the period. Finally, Proactive Wealth Strategies LLC acquired a new position in Emerson Electric in the third quarter worth about $443,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Stock Down 2.4 %

Shares of NYSE EMR opened at $124.37 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.40 and a debt-to-equity ratio of 0.26. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The firm has a market capitalization of $70.83 billion, a PE ratio of 36.37, a price-to-earnings-growth ratio of 2.22 and a beta of 1.34. The firm’s 50-day moving average is $126.68 and its 200-day moving average is $116.74.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 11.73% and a net margin of 11.25%. Equities analysts expect that Emerson Electric Co. will post 5.91 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be paid a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Friday, February 14th. Emerson Electric’s dividend payout ratio is currently 61.70%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EMR. Barclays increased their target price on Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. cut their price objective on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. KeyCorp upped their target price on shares of Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Daiwa Capital Markets started coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price target on the stock. Finally, StockNews.com raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Friday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $136.90.

Emerson Electric Company Profile

Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.